Services, Credit/Revenue in Cyprus
Cyprus: Services, Credit/Revenue was 32.06 billion in 2024. β Volatile
Services, Credit/Revenue in Cyprus, 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, services, credit/revenue in Cyprus stood at 32.06 billion. That is the highest value across all 20 years on record.
That represents a change of up 10.4% on the previous year and up 173.0% over ten years.
Over the whole period, services, credit/revenue in Cyprus peaked at 32.06 billion in 2024 and was at its lowest, 6.00 billion, in 2005.
That places Cyprus 43rd out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.17 billion | 6.00 billion | 10.65 billion | 5 |
| 2010s | 12.05 billion | 9.40 billion | 16.38 billion | 10 |
| 2020s | 25.70 billion | 17.00 billion | 32.06 billion | 5 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Domestic credit to private sector by banks 56.6% (2024)
- Total reserves in months of imports 0.5319 (2025)
- Net domestic credit 24.91 billion current LCU (2024)
- Net foreign assets 31.88 billion current LCU (2024)
- Monetary Sector credit to private sector 56.7% (2024)
- Claims on central government, etc. 11.6% (2024)
- Domestic credit to private sector 56.7% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 7,749 (2025)
- Net migration, annual growth rate -4.78 % change on previous year (2025)
Frequently asked questions
- What is services, credit/revenue in Cyprus?
- Services, credit/revenue in Cyprus was 32.06 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Cyprus?
- The highest recorded value was 32.06 billion in 2024.
- What is the lowest services, credit/revenue recorded in Cyprus?
- The lowest recorded value was 6.00 billion in 2005.
- How does Cyprus rank for services, credit/revenue?
- Cyprus ranks 43rd out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Cyprus?
- Over the last ten years it is up 173.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.